Understanding our third quarter 2020 results

Published on 05/11/2020

Letter to shareholders N°123

Societe Generale’s Q3 results illustrate the ability of all our businesses to rebound, with Group net income of €862 million, and they are very encouraging. The performances reflect our efforts in terms of commercial development, cost control and rigorous risk management.

Frédéric Oudéa, Directeur général de Société Générale
Frédéric Oudéa, Chief Executive Officer

Financial results

Frédéric Oudéa presents the financial results

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Latest news

Societe Generale group studies the creation of a new retail bank in France based on the merger of its two banking networks, Crédit du Nord and Societe Generale

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Appointment of Delphine Garcin-Meunier as Head of Group Strategy and Vincent Robillard as Head of Financial Communication and Investor Relations

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Positive transformations

Climate strategy: Societe Generale is embarking on a new stage to strengthen its leadership in the energy transition and align its activities with the Paris Agreement

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Engagement de Katowice

Katowice banks: First application report of PACTA for banks, a joint methodology to help align credit portfolios with the goals of the Paris Agreement

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grand paris

Societe Generale annonces an additional €3 billion in financing for the Grand Paris project

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Digital and innovation: Societe Generale strengthens its leadership to co-build the bank of tomorrow with its clients.

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Societe Generale announces its partnership with Rugby World Cup 2023, which will be held in France. The Bank is the first French company to sign up as a Worldwide Partner of this international event

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All our previous Letters to Shareholders